Dekin Company had checks outstanding totaling $6,400 on its May bank reconciliation. In June, Dekin Company issued checks totaling $39,900. The July bank statement shows that $29,700 in checks cleared the bank in July. A check from one of Dekin Company's customers in the amount of $300 was also returned marked "NSF." The amount of outstanding checks on Dekin Company's July bank reconciliation should be which of the following? A. $19,600 B. $10,200 C. $16,600 D. $3,800
Dekin Company had checks outstanding totaling $6,400 on its May bank reconciliation. In June, Dekin Company issued checks totaling $39,900. The July bank statement shows that $29,700 in checks cleared the bank in July. A check from one of Dekin Company's customers in the amount of $300 was also returned marked "NSF." The amount of outstanding checks on Dekin Company's July bank reconciliation should be which of the following? A. $19,600 B. $10,200 C. $16,600 D. $3,800
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 3E
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![Dekin Company had checks outstanding totaling $6,400 on its May bank reconciliation. In
June, Dekin Company issued checks totaling $39,900. The July bank statement shows that
$29,700 in checks cleared the bank in July. A check from one of Dekin Company's
customers in the amount of $300 was also returned marked "NSF." The amount of
outstanding checks on Dekin Company's July bank reconciliation should be which of the
following?
A. $19,600
B. $10,200
C. $16,600
D. $3,800](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F104eb74f-52e6-4ee9-a5a3-25a2937ee867%2Fb5d15a8b-0e5d-4b96-b814-0d1438a2093e%2Fwl4w6gw_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Dekin Company had checks outstanding totaling $6,400 on its May bank reconciliation. In
June, Dekin Company issued checks totaling $39,900. The July bank statement shows that
$29,700 in checks cleared the bank in July. A check from one of Dekin Company's
customers in the amount of $300 was also returned marked "NSF." The amount of
outstanding checks on Dekin Company's July bank reconciliation should be which of the
following?
A. $19,600
B. $10,200
C. $16,600
D. $3,800
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